Roberto Jacobs / Blog
FXWIREPRO: USD/JPY Edges Higher from Fresh Multi-Month Lows at 109.95 USD/JPY hit fresh multi-month lows at 109.94, it was seen below the 110 mark in Oct 2014, when the BoJ surprised markets with extra easing measures...
EUR/GBP Surrenders Gains, Back to 0.8030 After hitting fresh cycle highs around 0.8050 on Tuesday, EUR/GBP has retraced part of the up move and is now hovering over the 0.8030 area. EUR/GBP focus on risk trends The European cross has managed to clinch highs in the mid-0...
Commodities: Major Role in the FX Arena - FXStreet Ross Burland, Editor and Analyst at FXStreet.com, explains the major role of commodities in the FX space...
Eurozone: Unemployment Continues to Decline, but Price Pressures Missing - ING Bert Colijn, Senior Economist at ING, suggests that Eurozone’s inflation last week, turned out to have remained in negative territory at -0.1% in March, while the unemployment rate showed another decline in February...
EUR/USD Under Pressure in Early Europe, Near 1.1370 The EUR/USD pair maintains the overnight offered tone heading into early Europe, as the greenback keeps the recovery mode intact against its major peers ahead of the FOMC minutes due later today. EUR/USD trades below 5-DMA at 1...
AUD and Yellen’s Curse - Rabobank Jane Foley, Research Analyst at Rabobank, sees greater likelihood that US officials may have pressured other central bankers to step back from currency wars rather than attempt to secure an agreement specifically targeting the value of the USD...
USD/JPY wipes-out Gains in Tandem with Nikkei, 110 Eyed? A sudden selling interest gripped the USD/JPY pair towards the late-Asian session, as the yen regained lost footing somewhat as the Japanese stocks fell back in the red...
FXWIREPRO: South Korean Won Fails to Sustain Above 1160, Intraday Bias Remains Bearish USD/KRW is currently trading around 1154 levels. It made intraday high at 1160 and low at 1153 levels. Intraday bias remains bearish for the moment...
FXWIREPRO: AUD/USD Edges Higher on Upbeat China Services PMI Data, Good to Buy Dips AUD/USD rebounds from session lows at 0.7510 following the release of the Chinese services PMI report. Data showed that China services sector activity expanded from 51.2 in Feb to 52...